01 Jul
PTSB 10% Interest on Current Accounts
In the battle for current account customers in Ireland – Permanent TSB have introduced a 10% interest offer on amounts up to Euro1,500 for the rest of the year. In effect, that means you get, at the very most, a bit over Euro120 if you open one this week.
A similar offer from AIB of 11% applies till August on sums of up to Euro1,500. – the max interest you would get from AIB is just over 40 Euro.
The PTSB interest rate drops back to 4% on balances from 2008 – which is better than nothng at all. The conditions are:
You must register with permanent tsb’s Internet Banking
You have to carry out 1 financial transaction on internet banking each quarter.
You need to lodge a minimum €1,500 into your Current Account each month.